EUR european lithium limited
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I’m sorry to break this to you… there were NO SIZZLE HOLDERS...

  1. TechSpec00
    1,318 Posts.
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    06/04/24
    12:02
    Post #: 73219053


    I’m sorry to break this to you… there were NO SIZZLE HOLDERS LEFT! There was ZERO CASH in Sizzle account at the time of the merger. It was only the sponsor shares left.

    They were basically freebies issued to the sponsors so they couldn’t be cashed out.All of the “serious” institiutions have long left the room.

    Short answer: Yes due diligence was done and the institutions decided Wolfsberg project wasn’t worth the valuation and cashed out.

    This is the reason CRML ended up with just $10m post merger.
    Last edited by TechSpec00: 06/04/24
    EUR Price at posting: 6.8¢ Sentiment: Sell Disclosure: Held
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